“The Utah market” is really six or seven markets stacked on top of each other. A $425,000 townhome in West Valley and a $1.8 million house in Draper don’t compete for the same buyers, and right now they aren’t moving at the same speed either.
If you’re pricing a home this fall, the statewide headline only gets you so far. What matters is how your price band is behaving.
Short answer: As of August 2026, Utah homes priced $250,000 to $499,999 are moving fastest, with 3.9 months of supply and a 64-day rolling average to an accepted offer. Supply climbs as prices rise, reaching 6.5 months at $1.5 million and above. The under-$250,000 band is the slowest at 7.7 months.
Which Utah price range is selling fastest right now?
The $250,000 to $499,999 band. The Utah Association of REALTORS Housing Supply Overview for August 2026 shows 3.9 months of supply there, the lowest of any band, and a rolling 12-month average of 64 days from listing to accepted offer.
The $500,000 to $749,999 band is close behind: 4.4 months of supply and the same 64 days. Above $750,000 both numbers climb. Below $250,000 they climb too, which surprises people.
For context, the statewide figure for all price ranges was 4.6 months in August 2026, according to UAR’s monthly market activity report.
What is months supply, and what does “balanced” mean?
Months supply estimates how long current listings would last at the recent pace of sales. UAR defines it as the inventory of homes for sale at the end of a month divided by the average monthly pending sales from the last 12 months.
Lower means listings are being absorbed quickly. Higher means buyers have more to choose from and more time to decide. “Balanced” is a loose idea (neither side has a clear edge), and UAR’s report doesn’t publish a cutoff for it, so we won’t invent one. The useful comparison is your band against the rest of the state and against its own number a year ago.
How does each Utah price band compare?
Here’s the full picture from UAR’s August 2026 Housing Supply Overview. Months supply and inventory are August figures. Days on market is a rolling 12-month average.
| Price band | Months supply (YoY) | Days on market, rolling 12 months (YoY) | Active listings, August |
|---|---|---|---|
| Under $250,000 | 7.7 (-24.5%) | 88 (+18.9%) | 953 |
| $250,000 to $499,999 | 3.9 (+2.6%) | 64 (+12.3%) | 6,119 |
| $500,000 to $749,999 | 4.4 (+4.8%) | 64 (+8.5%) | 5,127 |
| $750,000 to $999,999 | 5.2 (-1.9%) | 69 (+7.8%) | 2,093 |
| $1,000,000 to $1,499,999 | 5.8 (+9.4%) | 69 (+1.5%) | 1,299 |
| $1,500,000 and above | 6.5 (+25.0%) | 86 (-1.1%) | 1,683 |
Homie’s September 2026 market analysis works from this same UAR price-band table to flag where selling strategy needs to differ. The pattern is a U shape: tightest in the middle, looser at both ends.
Is the Utah luxury market slowing down?
Supply at the top is rising fastest. Homes at $1.5 million and above had 6.5 months of supply in August 2026, up 25.0% from 5.2 a year earlier, and active listings in that band rose 19.4% to 1,683.
Demand hasn’t disappeared, though. Days on market at the top actually dipped 1.1% to 86, and closed sales over the past 12 months rose 6.8% to 3,046. Buyers are still buying. They just have more to pick from. The $1 million to $1,499,999 band is drifting the same direction, with supply up 9.4% to 5.8 months and inventory up 11.8%.
If you’re selling above $1 million, expect a longer runway and more competition than in 2025.
Why is the under-$250,000 band so slow?
It’s the smallest band, and the numbers are moving in two directions at once. Months supply is 7.7, the highest in the state, but that’s down 24.5% from 10.2 a year ago as listings fell 27.0% to 953.
Days on market went the other way, up 18.9% to 88. UAR’s report doesn’t explain why. What we can say is that sub-$250,000 homes are rare in Utah now, with 1,647 closed sales over 12 months versus 18,701 in the next band up, so a handful of slow listings can pull the average hard. Treat this band’s numbers as noisy.
What’s happening between $500,000 and $749,999?
This band is still moving well, but it’s loosening. Supply rose 4.8% to 4.4 months, active listings grew 6.9% to 5,127, and days on market climbed 8.5% to 64.
It’s also where Utah’s median lives. UAR reported a statewide median sale price of $525,000 for August 2026. With the 30-year fixed at 7.03% as of September 24, 2026 in Freddie Mac’s Primary Mortgage Market Survey, buyers in this range are feeling every rate move. Sellers here should expect more side-by-side comparison shopping than a year ago.
Do days on market follow the same pattern as supply?
Mostly, yes. The two middle bands share the shortest average (64 days), the upper-middle bands sit at 69, and both ends run longest, at 88 below $250,000 and 86 at $1.5 million and above.
One caution: days on market in this report is a rolling 12-month average, while months supply uses August inventory. So days on market reacts more slowly. Every band except the top one got slower over the year, which fits the 21.6% statewide drop in August pending sales that UAR reported.
Where do most Utah home sales actually happen?
Below $750,000. UAR counts 18,701 closed sales from $250,000 to $499,999 and 14,434 from $500,000 to $749,999 over the 12 months through August 2026, more than any other bands.
Homie’s own sales show a similar lean, with a slightly different cut. Across 498 Utah closings in Homie’s September 2026 analysis, the closing-price mix was roughly:
- About 49% below $550,000
- About 40% from $550,000 to below $950,000
- About 11% at $950,000 and above
Two caveats. Homie’s bands don’t line up with UAR’s, so compare them loosely. And Homie’s analysis notes that the 89% of closings below $950,000 already includes the 49% below $550,000. Those figures should never be added together.
Is it a buyer’s or seller’s market in my price band?
It depends on your band, your city and your property type, and no single statewide number settles it. In August 2026, buyers in Utah’s upper bands had noticeably more choice than buyers between $250,000 and $749,999.
Homie’s analysis puts it plainly: use the subject property’s geography, property type and competitive price band when judging how fast homes are selling. A $600,000 home in Utah County can face a different field than one in Weber County. Our post ranking Wasatch Front cities by median days on market shows how much that varies by city. A free Homie home value report looks at the comps in your own band.
How should my price range change my pricing strategy?
The looser your band, the less room you have to test a high price. In every band, though, the first few weeks tell you more than the number you hoped for.
Homie’s September 2026 analysis of its Utah sales found listings sold in 34 days when priced correctly at the start, versus 101 days when they needed a later reduction, and 53% of solds needed a price cut. In a 3.9-month band, a well-priced home can still draw quick attention. At 6.5 months, a buyer can wait you out. The Homie seller toolkit walks through pricing and prep.
What about Utah condos and townhomes?
They’re looser than single-family homes right now. UAR reported 5.1 months of townhouse-condo supply in August 2026, up 21.4%, versus 4.5 months for single-family, down 2.2%. Townhouse-condo inventory rose 10.3%. If you’re selling one, check your band and your property type together.
Quick answers
What is the average days on market in Utah by price range?
As of August 2026, UAR’s rolling 12-month averages were 88 days under $250,000, 64 days from $250,000 to $749,999, 69 days from $750,000 to $1,499,999, and 86 days at $1.5 million and above. Days on market here means time from listing to an accepted offer, not to closing, so add time for the closing itself.
Is the Utah luxury market a buyer’s market?
Buyers at the top have more options than a year ago. Supply at $1.5 million and above rose 25.0% to 6.5 months in August 2026, and listings rose 19.4%. Sales there still grew 6.8% over 12 months, though. So luxury sellers face more competition, and pricing against current comps matters more than it did in 2025.
How many months of supply does Utah have right now?
Statewide, Utah had 4.6 months of supply in August 2026, up 2.2% from a year earlier, according to the Utah Association of REALTORS. By band, it ranged from 3.9 months ($250,000 to $499,999) to 7.7 months (under $250,000). Your city and property type can move your number well away from the statewide average.
Where do most of Homie’s Utah sales fall by price?
Across 498 Utah closings in Homie’s September 2026 analysis, about 49% closed below $550,000, about 40% from $550,000 to below $950,000, and about 11% at $950,000 and above. The shares are rounded, and the bands don’t match UAR’s bands. The 89% below $950,000 includes the 49%, so never add them.
Does my price band matter more than my city?
Both matter, and they interact. A price band tells you how much competition buyers see statewide. Your city, school boundaries and property type shape who actually shows up. Homie’s analysis recommends weighing geography, property type and competitive price band together. A local agent or a home value report can put numbers on your specific mix.
The bottom line
Utah’s middle is still moving, and the edges are where sellers need patience. Our take: if your home sits between $250,000 and $749,999, price it right and expect real attention, and if it’s above $1 million, plan for a longer runway and a sharper launch price than you’d have needed last year.
Want to know where your home lands in these bands? Get a free home value report from Homie, built from current comps near you. If you’re ready to list, you can also sell with Homie. Whether you’re buying, selling, or doing both, Homie has your back.
— The Homie Team
*Examples are for illustrative purposes only. This article is general information, not legal, tax, lending or insurance advice.
*Market data from the Utah Association of REALTORS (August 2026) and Freddie Mac Primary Mortgage Market Survey (September 24, 2026). All data obtained from sources deemed reliable but not verified. Information not guaranteed.